Waha Capital shareholders approve dividend payment for 2021 – The National

Waha Capital shareholders approve dividend payment for 2021 – The National

Waha Capital shareholders approved the dividend payment for 2021 after the company posted a record profit last year.

A cash dividend of 7.55 fils a share and a stock dividend of 2.45 per cent for last year were approved at the company's annual general meeting on March 28, it said in a statement to the Abu Dhabi Securities Exchange, where its shares are traded.

“Waha Capital continues to demonstrate strong financial and operating performance, which was reflected in the significant increase to our net profit for 2021,” Waleed Al Muhairi, chairman of Waha Capital, said.